NEW: @NYLIManagement, Thomas Sy (@ThomasGSy) is speaking at KBW2026 Thomas Sy (New York Life Investment Management | Managing Director, Head of Multi-Asset Solutions) is confirmed for KBW this fall. Sy oversees customized investment strategies globally and leads the firm’s Digital Asset Solutions, developing blockchain infrastructure to expand portfolio access and customization. Your next stop could be Seoul. Make it official today with a Last Minute Pass and save 10% with code KBW2026SNS. ⬇️

Upgrading plumbing is a grind. Excited for the day our infra can spin up solutions for the smallest accounts. Turning long-tail personalization into a seamless feature—not a resource drain—is the goal. 🛠️🚀 Great to have shared the @rwasummit stage with two innovators - @hey_elizabethy and @itsbhaji

"We're not changing what we own. We're changing the rails those assets travel on." @ThomasGSy of @NYLIManagement, onstage with Elizabeth Yenko and @itsbhaji tomorrow at @RWAsummit .

Two days of the best conversations in this market, and some chocollateral posted all over the venue. Day 1 at @RWAsummit, Brooklyn.

Bloomberg flagging ~$1 trillion in bonds trading wider than their rating implies. The market is pricing calm at the index level while quietly repricing individual bonds underneath. This is a set-up for active managers to add value and for passive credit exposure to underperform.

Tokenized assets should be accessible from wherever capital already sits. Centrifuge and @lifiprotocol, the liquidity orchestration platform powering 1,000+ integrations, are making that easier. Starting with deRWA, users can discover and access Centrifuge assets through products like Jumper and other LI.​FI-powered interfaces, with swaps, bridging, and routing handled in the background. A broader path for Centrifuge assets into the wallets, apps, and interfaces users already rely on. Learn more: centrifuge.io/blog/centrifug…

As expected..didn't work. Right back to where it started. Can't contain something without solving the root cause.

This is a signal that Washington will actively manage long-end yields rather than let the market (or the Fed) do the work. Takes a bit of the wind out of the sails of Warsh's argument that financial markets are doing the work for them via higher rates, hence they don't need to hike rates.

Looking forward to sharing with stage with other innovators - @itsbhaji & @hey_elizabethy. The on-chain transition only works if more institutions join in. @rwasummit has consistently been very institutional focused and looking forward to sharing my perspectives to this crowd.

Real-world assets taking the majority of trading volume on a major venue is a genuine milestone. Onchain demand is rotating into tokenized assets.

Everyone agrees tokenized assets will scale. Whether the infrastructure underneath scales first is what decides if the growth is durable. @nomos_paradox and @itsbhaji on the quiet work behind the scenes.

AI isn't just an equity story, credit markets are absorbing record supply. Hyperscalers have issued $169B in bonds in YTD 2026, with plans for $725 billion in combined capex before YE, up 77% from 2025. The coupon income story is intact, but duration is the hidden risk, with a decisive shift toward the long end. Prudent to stay in the front end and belly of the curve and security selection beats broad beta from here.

We will have new products we currently don't have names for yet. It's 2026 and should move past the standard 60/40 portfolio. 60/40 was always a retail compromise — a proxy for diversification when real diversification was inaccessible.

Real demand for real yield from real assets. Unreal!

Here is another inflation risk factor I don't think the market has fully priced in yet - 2026 Super El Niño Iran conflict disrupted fertilizer supply. Now a Super #ElNino is forming on top of it. → Two independent supply shocks → Same crop cycle → Same 2026–2027 window This is supply-driven inflation that monetary policy can’t fix. 🌡️ What @NOAA says: → 90%+ probability El Niño arrives Jun–Aug 2026 → 1-in-3 chance of a very strong event by year-end Peak pain in 2027 given 6–12 month production lag, with the most exposed being: 🔴 Sugar: India & Thailand production -20–30% 🔴 Cocoa: West Africa drought risk 🔴 Palm oil: Southeast Asia dry conditions 🔴 Wheat: Australia down ~9M tonnes in 2026/27 🔴 Rice: Indian monsoon failure risk The fertilizer double hit: → Urea prices doubled since Iran conflict → U.S. imports 90% of its potassium → Hormuz carries 1/3 of global fertilizer trade If the FAO food price index rises 50% by year-end ➡️ G7 food inflation hits double digits in 2027.

These guys just kept rowing, and rowing, and rowing. Hilarious. Thanks for hosting us @BNYglobal and @FIFAHospitality - above and beyond experience.

Here is a relatable inflation indicator - the Bacon Egg & Cheese w/Coffee Index. You don’t need a CPI report to feel inflation, just make breakfast. Markets largely looked through the inflation print, with Treasury yields little changed following the release. Attention now turns to next week’s FOMC meeting where policymakers will weigh the highest inflation print in three years against a resilient labor market. In the coming months, we remain focused on second-order inflation effects, specifically whether higher energy prices will feed into transportation and other energy-intensive categories, ultimately pushing core inflation higher.

Stand With Crypto and over 200 organizations sent a simple message to Senate leadership: it's time for the Clarity Act. The community is unified — large companies, startups, associations, and grassroots groups across the country are counting on their lawmakers to deliver rules of the road for crypto in America. The Clarity Act passed the Senate Banking Committee with bipartisan support. Now it needs to cross the finish line. Tell your Senators you want Clarity 👇